Axis Strategic Bond Fund Direct Dividend Half Yearly+0.15%

3Groww
3.63%
1 Year Return
Debt
Medium Duration
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Axis Strategic Bond Fund Direct Dividend Half Yearly

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.35%
NAV10.87 (16 Oct 2019)
Fund Started24 Jun 2015
Fund Size1,188 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Strategic Bond Fund Direct Dividend Half Yearly
3.6%
5.3%
7.5%
8.8%
Category Average
5.2%
5.1%
2.7%
-
Rank within category
32
32
29
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 3.6% annual returns

    Comparison

    Data not available
    Pros
    1. 5Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk is higher compared to the benchmark
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity1.7%
    Bajaj Finance Ltd.FinancialEquity1.7%
    Gruh Finance Ltd.FinancialEquity1.1%
    ICICI Bank Ltd.FinancialEquity1.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity0.9%
    Bajaj Finserv Ltd.FinancialEquity0.7%
    Info Edge (India) Ltd.ServicesEquity0.7%
    Astral Poly Technik Ltd.ChemicalsEquity0.6%
    Hindustan Unilever Ltd.FMCGEquity0.5%
    Asian Paints Ltd.ChemicalsEquity0.5%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
    Funds Managed

    Other Details

    Axis Strategic Bond Fund Direct Dividend Half Yearly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 24 Jun 2015. Devang Shah, Ashish Naik is the Current Fund Manager of Axis Strategic Bond Fund Direct Dividend Half Yearly.The fund currently has an Asset Under Management(AUM) of ₹1,188 Cr and the Latest NAV as of 16 Oct 2019 is ₹10.87.

    The Axis Strategic Bond Fund Direct Dividend Half Yearly is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% will be charged on investment in excess of 10% if redeemed within 12 months..

    Investment Objective

    The scheme will endeavor to generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹100
    Min for Second Investment
    Exit load of 1% will be charged on investment in excess of 10% if redeemed within 12 months.
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    03 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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